Landlords have had to adopt technology that use resources such as water and power more efficiently
30 March 2022 - 16:15The listed property asset class has delivered steady income and capital growth over the long term. The predictability of income streams from underlying properties is fundamental to the investment merits and returns of this asset class and naturally informs investment decision-making.
The listed property sector has certainly made inroads regarding the environmental component, which was often necessitated by unreliable water and unsustainable electricity price increases from local government and Eskom. It’s for this reason that landlords have had to adopt technology and invest in infrastructure that provides more efficient and environmentally friendly use of resources such as water and electricity.
What is often not clearly articulated is that property has always had a strong social utility, much of which is intangible and difficult to quantify. Think of mankind’s basic need for shelter, which is catered for by residential developments in inner cities as well as high-end mixed-use developments. Property is also a vital part of the supply chain that facilitates the global and local distribution of goods and large warehouse facilities springing up to fulfil this role.